Aussie inflation expectations hit 8-year high

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Roy Morgan has released it July inflation expectations survey, with inflation expectations hitting their highest level since August 2012.

Inflation Expectations in July are a large 1.8% points higher than a year ago in July 2021, and 2.5% points above the near record low of 3.4% in July 2020.

Australian inflation expectations

Highest since 2012.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.